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One is to use it to insure the first losses if any new bonds are written down.
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New Jersey asked to use federal money to insure parents, but while waiting for an answer, it insured those people using state money.
During the housing bubble, it used unregulated derivatives to insure mortgage securities that turned out to be toxic — without putting aside reserves in case it had to pay up.
AIG got itself into deep trouble using derivatives to insure toxic mortgages that abruptly turned worthless, leaving it without the ability to pay its counterparties.
Some use the money to insure children further up the income scale.
The couple were sufficiently happy with LV= to also use the company to insure a house they own outside London.
We should use this time to insure that N.M.D., if deployed, would actually enhance our overall national security...
Channelling Heidegger and Nietzsche, Sloterdijk imagined an "Über-humanist" who might use "genetic reform" to insure "that an élite is reared with certain characteristics".
So he says, lets kill one now and use that money to insure there are plenty to kill later.
You should receive a formal document from the appraiser that you can use to insure your engagement ring.
For example, the company you use to insure your other cars or your home might be willing to offer you a discount.
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